forms of unconventional stimulative monetary policy, including quantitative easing. For its part, Canada has averaged 1 … Canada became an inflation-targeting central bank. We improve on previous work on Canadian monetary policy effectiveness by … estimate the impact of aging in Canada more precisely. Results are ambiguous on monetary policy's effectiveness over the last …

provides evidence how the shift in the relative labor supply affects labor productivity, taking into account that differently … the expected shift in the age structure affects labor productivity indicates that the productivity of younger and middle … aged workers will increase. In contrast, the productivity of older workers will significantly decline caused by their …

demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

provides evidence how the shift in the relative labor supply affects labor productivity, taking into account that differently … the expected shift in the age structure affects labor productivity indicates that the productivity of younger and middle … aged workers will increase. In contrast, the productivity of older workers will significantly decline caused by their …

, coupled with sluggish total factor productivity and investment trend growth, contributes to the decline. Our results highlight …